NIFT UG 2020 Question Paper with solutions

Question : 20 of 150

Marks: +1, -0

The marked price of a tape recorder is ₹ 12600 . A festival discount of

5 \%

is allowed on it. Further for cash payment, a second discount of

2 \%

is given. The cash payment, is to be made for buying it, is

Solution:

Two successive discounts have been offered of

5 %

and

2%

∴

Cash payment

=12600 × \;{95}/{100} × \;{98}/{100}

=₹ 11730.60

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